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20121112
20121120
Search Results 0 to 6 of about 7 (some duplicates have been removed)
or cars. president obama and lawmakers are cautiously optimistic about a budget deal. but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we are all grownups. we have a responsibility to the american people. the elements for an agreement are there. time is of the essence, the quicker we do tthe more confidence we instill, the better it is for the economy and the american people. >> reporter: republicans, too, have expressed optimism that the fiscal cliff can be avoided and are open to signing legislation that includes new sources of revenue. but the president wants to raise most of that new money with $1.6 trillion over a decade. republicans are not likely to g
. obviously that's the pending business here in washington. i want to play something nancy pelosi had to say. again, we're in the stakes setting, ground rule laying part of this debate. let's play what pelosi said and we'll come back and talk about it. >> a possible xrcompromise that would lead rates the same but cap for high income earners. is that accept able? >> no. >> not at all? >> no way? >> the president made it very clear in his campaign there are not enough resources. what you just described is a formula and a blueprint for hampering our future. >> so, mark, what we saw on friday congressional leaders meet with president obama. everyone comes out and says, look, we're going to have a deal. what you see here from nancy pelosi, look, this isn't going to be a deal made by simply closing loopholes. what does that mean? though she's not saying it in that clip is we're going to have to raise taxes on the wealthy. are republicans in any position to really fight this? they're going to put up some kind of fight but to carry this on december 25, december 26, as we get closer? >> chris, democr
of the year. house minority leader nancy pelosi is digging in her heels. >> i don't think it would be a good idea for the republicans to hold middle income tax cuts hostage to tax cuts to the wealthy. we have a deficit that we have to deal with. we have to do it with growth and creation of jobs. we have to do it with cuts, we all know that but we also have to do it with revenue on the table. gregg: in just a few minutes we're going to be talking with one of the republicans that leader pelosi will need to work with in the house of representatives, ways and means committee member peter roskam will be joining us live. martha: we're just getting started here on this monday morning and we're glad to have you with us. we have a brand new report today about the effort to preserve a sacred memorial for veterans deep in the california dessert after vandalism and years of court fights. gregg: plus breaking developments in the middle east. israel firing on syria this morning. we'll have a live report from the israeli-syrian border just ahead. martha: also a massive explosion in a quiet suburb kills two
striking this deal? what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great. but if between now and then and the disagreements look really big and bad, that's going to damage this economy because it just shatters any consumer confidence going into the holiday season. >> yes. jenna: so, ultimately, they could find a solution, but damage will already be done. what dueck about that, bob? what do you think about the style to all this as well? >> that's why -- and i agree with that, they're going to need a deal by mid december because it's going to shatter consumer confidence, and the stock market's going to play a big role here. we saw that in the bailout in 2008
Search Results 0 to 6 of about 7 (some duplicates have been removed)